Comstock Resources, Inc (NYSE: CRK) is -0.44% lower on its value in year-to-date trading and has touched a low of $7.74 and a high of $22.06 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRK stock was last observed hovering at around $18.37 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $18.14, the stock is -2.14% and -4.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.84 million and changing -1.25% at the moment leaves the stock 33.38% off its SMA200. CRK registered 113.66% gain for a year compared to 6-month gain of 95.68%.
The stock witnessed a -1.89% loss in the last 1 month and extending the period to 3 months gives it a 24.93%, and is -4.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.02% over the week and 6.55% over the month.
Comstock Resources, Inc (CRK) has around 256 employees, a market worth around $5.31B and $1.21B in sales. Fwd P/E is 17.58. Profit margin for the company is -18.14%. Distance from 52-week low is 134.37% and -17.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.18%).
with sales reaching $413.22M over the same period.The EPS is expected to grow by 383.95% this year, but quarterly earnings will post 39.36% year-over-year. Quarterly sales are estimated to grow 23.07% in year-over-year returns.
The shares outstanding are 292.26M, and float is at 77.75M with Short Float at 28.68%.
The top institutional shareholder in the company is BLACKROCK INC. with over 15.11 million shares valued at $156.81 million. The investor’s holdings represent 5.435 of the CRK Shares outstanding. As of 2024-06-30, the second largest holder is KGH LTD with 12.12 million shares valued at $125.86 million to account for 4.1858 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 11.7 million shares representing 4.0379 and valued at over $121.41 million, while VANGUARD GROUP INC holds 3.6921 of the shares totaling 10.26 million with a market value of $106.53 million.
Comstock Resources, Inc (CRK) Insider Activity
The most recent transaction is an insider sale by Davis Elizabeth B, the company’s Director. SEC filings show that Davis Elizabeth B sold 8,000 shares of the company’s common stock on Dec 30 ’24 at a price of $18.17 per share for a total of $0.15 million. Following the sale, the insider now owns 99632.0 shares.
Comstock Resources, Inc disclosed in a document filed with the SEC on Dec 27 ’24 that Davis Elizabeth B (Director) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Dec 27 ’24 and was made at $16.98 per share for $0.17 million. Following the transaction, the insider now directly holds 0.11 million shares of the CRK stock.
Still, SEC filings show that on Dec 24 ’24, Davis Elizabeth B (Director) disposed off 6,149 shares at an average price of $16.97 for $0.1 million. The insider now directly holds 117,632 shares of Comstock Resources, Inc (CRK).
